Finances

Satori FP&A

Jan 09 2025 Updated January 9, 2025

Group Editor

1 min read

Satori FP&A's application, Envisage, integrates with organisation's existing systems to enhance Budgeting, Forecasting, Reporting, Modelling and Long-Term Strategic Planning.

Contact

Avron Newstadt

► Director
► anewstadt@satorifpa.com.au
► https://satorifpa.com.au/envisage/
► 1800 728 674

The $4B problem: Govt’s proposed liquidity requirements a nail in the coffin for aged care

The Federal Government is seeking to set minimum liquidity requirements for residential aged care providers for the first time – dangerous territory for a sector that has finally reached a level of financial and regulatory certainty. Previously...

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Lauren Broomham

20 Feb 2025

Opinion

1,250 net new aged care beds in 2024: why PEP’s billion-dollar Opal HealthCare deal is ‘rolled gold’

The private equity firm’s agreement to take a 50% stake in Australia’s largest private residential aged care operator is confirmation that the sector is again headed for boom time as demand increasingly exceeds supply. As we report this week...

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Lauren Broomham

13 Feb 2025

Government Policy

New minimum liquidity ratios for aged care revealed

The new Aged Care Quality and Safety Commissioner, Liz Hefren-Webb, hosted a webinar on Tuesday outlining the New Financial and Prudential Standards, which remain open for consultation but due to take effect from 1 July 2025.

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Caroline Egan

20 Feb 2025

Mergers & Acquisitions

Final hurdle: Pacific Equity Partners to buy AMP Capital’s stake in Opal HealthCare

Australasia’s oldest and largest private equity firm has reached an agreement to buy AMP Capital’s “up to 50% stake” in Opal HealthCare, Australia’s largest private aged care operator, with 133 aged care homes across NSW, Victoria, QLD, WA, and SA.

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Caroline Egan

13 Feb 2025

Villages.com.au website traffic soars 16.7% this month alone

The traditional spike in interest in retirement villages and land lease communities at the start of the year shows no signs of stopping. From the analytics, January 2025 saw a 6% increase in users Year On Year and February has seen a continuation of...

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Ian Horswill

17 Feb 2025

In the Headlines

Calvary Health Care turns retirement village into its first rental village

The Catholic provider’s Sydney Williams retirement village in Doncaster East, 20km east of Melbourne’s CBD, will operate as a seniors’ rental site due to community need as cost-of-living pressures impact seniors. The...

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Adrian Puljich has approval for Australia’s first vertical land lease lifestyle resort

GemLife Director and CEO Adrian Puljich speaks about Australia’s first vertical land lease community. GemLife Currumbin Waters, and how he intends taking the model acorss Australia.

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New Aged Care Act – and Plan B co-contribution funding – was achieved just three years to the day from when the sector was called to mobilise

In November 2021, the editorial team here at DCM/The SOURCE sat down and discussed what is the future for aged care. To be blunt, there was no optimism in the sector as operators racked up month after month of financial losses.

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Chris Baynes

22 Nov 2024